Axis Bank — MUTHUKUR Branch

How to Use UTIB0001016 for Money Transfers

The IFSC code UTIB0001016 is specifically assigned to the MUTHUKUR branch of Axis Bank located in NELLORE, ANDHRA PRADESH. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use UTIB0001016 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use UTIB0001016 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require UTIB0001016 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

About Axis Bank MUTHUKUR Branch

The MUTHUKUR branch of Axis Bank is situated in NELLORE, ANDHRA PRADESH. The branch address is HARBOUR HEIGHTS , SURVEY NO.485-2, OPP. PANCHAYAT OFFICE, MUTHUKUR MAIN ROAD , MUTHUKUR, DISTRICT NELLORE , ANDHRA PRADESH, PIN 524344. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. Always use the IFSC code UTIB0001016 when making any online fund transfer to an account held at this branch.